The answer would be -1 14/15
Answer:
Reserve rate = 3%
Step-by-step explanation:
Reserve Ratio = Reserve Maintained with Central Bank / Deposit Liabilities × 100
Reserve maintained = $6,000
Deposit liabilities = $200,000
Reserve Rate = Reserve Maintained with Central Bank / Deposit Liabilities × 1000
=$6,000 / $200,000 × 100
=0.03 × 100
r=0.03 × 100
=3%
Therefore,
Reserve Rate =3%
A is incorrect - In decimal form, 7/5 is 1.4
B is incorrect - In decimal form, 7/4 is 1.75
D is incorrect - In decimal form, 7/2 is 3.5
The answer is C. 7/4; In decimal form, 7/4 is 2.33333333.... (this represents a terminating decimal)
Answer:
The answer is C.
Step-by-step explanation:
Answer:
The answer to this equation is x=2.
Step-by-step explanation:
9x-10=3x +9
You add 10 to both sides
9x-10+10 =3x+2+10
Simplify
9x+ 3x+12
Subract 3x from both sides
9x-3x=3x+12-3x
Simplify
6x=12
Divide both sides by 6
6x/6 = 12/6
<u>Your answer: x=2 </u>
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